Data centers & energy
Entergy
Business, financial evidence and documented connections to the AI buildout.
Regulated power infrastructure for Meta
Entergy’s Louisiana utility is developing electricity infrastructure to serve Meta’s Richland Parish data center. Its exposure comes through regulated generation, transmission and customer-service arrangements. The return depends on approved investments and cost recovery, rather than ownership of Meta’s computing equipment or AI services.
www.entergy.com ↗ · www.entergylouisiana.com ↗ · www.entergy.com ↗
Earnings and disclosures
Latest verified results: Q2 2026 · Released 2026-07-29
Next results: 2026-11-02 · Q3 2026.
Checked 2026-10-18 · Financial context and sources ↓
Second-quarter 2026 funding and earnings
Entergy reported $483 million of earnings in the second quarter of 2026: $626 million from utility operations, offset by a $143 million parent-and-other loss. It completed a $2.175 billion common-stock offering with a forward component. Interest expense and equity-forward dilution tempered operating growth.
Initial approval has been obtained
Louisiana regulators approved the initial three-plant infrastructure plan in 2025. That decision advances the project beyond its original application stage, but approval does not mean the plants are already operating. The initial units were expected to enter service in 2028 and 2029.
An additional generation application
In March 2026, Entergy applied for seven additional combined-cycle resources totaling 5,278 MW and approximately $12.9 billion, alongside battery storage. The related Meta agreement says Meta will pay the full cost of service. The additional scope should remain separate from the already-approved initial plan.
Regulation, construction and financing
The expanded proposal still requires its own regulatory decisions and delivery execution. Expected additional customer savings of $2 billion over 20 years are a benefit described for customers, not Entergy profit. Company-wide borrowing costs and equity issuance also influence shareholder outcomes as infrastructure spending rises.
www.sec.gov ↗ · www.entergy.com · 2026-07-29 ↗ · www.entergy.com ↗
Separate approvals from operating capacity
Regulatory decisions on the added plants, construction progress on the initial units and eventual energization will establish the project’s development. Entergy’s 2026 adjusted EPS guidance was $4.25 to $4.45; the company did not separately identify an AI-only earnings or revenue contribution.
www.entergylouisiana.com ↗ · www.sec.gov ↗ · www.entergy.com · 2026-07-29 ↗
Documented project connections
Each connection below has a specific, cited role. A supplier, lender, customer or proposed acquirer has different economics from the project owner.
AVAIO Digital Taurus, Brandon, Mississippi
Entergy Mississippi service agreement reported by issuer; no delivered load or campus profit certified
The documented role does not establish contract value, project-level earnings, accepted operating load or a share of company revenue.
AWS Warren County / Vicksburg
Utility parent exposure through Entergy Mississippi, identified as the power supplier for Amazon's Vicksburg/Warren County investment.
Project power requirements and investment announcements do not establish delivered computing capacity or utility earnings.
Google West Memphis
Utility parent through Entergy Arkansas, which says it will power Google’s planned West Memphis data center investment.
The announcement describes planned service and proposed supporting resources. It does not establish approved resource additions, accepted operating load, contract value or earnings.
Meta Hyperion
Entergy Louisiana, an Entergy subsidiary, describes planned utility infrastructure for Meta. No project earnings allocation established.
The documented role does not establish contract value, project-level earnings, accepted operating load or a share of company revenue.
Evidence boundaries
Company totals, segment sales, bookings, backlog, spending, capacity and usage describe different things. They do not establish project-level revenue, earnings or an exact AI-only revenue share unless the cited disclosure explicitly says so.
This is a dated research snapshot. Forecasts are attributed expectations, and undisclosed amounts remain unknown. Source review does not certify every project or future outcome.